All Inflation articles – Page 64
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Comment & OpinionIs it realistic for food brands to slash marketing in the cost of living crisis?
It’s clear businesses have a role to play in cutting costs, but some ideas present potential long-term concerns, says Les Brookes, CEO at Oliver Wight EAME
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NewsM&S brings back free meal for kids offer as living costs mount
M&S has also rolled out a new hot breakfast menu for children, alongside its hot and cold lunch menus
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NewsAsda reveals record fall in disposable income
Some 20% of UK households now had ‘negative disposable income’
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NewsTesco offers free kids meals in holidays in cost of living move
The scheme will run in all 311 of its cafés from 25 July – 26 August and is available for parents who spent a minimum of 60p on a purchase
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NewsMPs launch probe into food price crisis
The Environment, Food and Rural Affairs (Efra) committee will also assess the government’s National Food Strategy
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NewsOlive oil prices continue to increase in supermarkets
The rises come as the Italian drought causes concerns about upcoming harvests
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NewsCanned soup, beans, pasta and oils key foods behind rocketing levels of inflation in June
IRI data for the four weeks to 2 July 2022 shows the highest leap in prices across UK retailers (not including the discounters) since the start of this year
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NewsDefra kicks off pig supply chain review
The consultation follows a challenging 18 months for the sector, which has faced oversupply, a shortage of butchers and soaring feed costs
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Grocer 33Sainsbury’s keeps a lid on inflation to emerge cheapest in latest mystery shop
It’s the second week running Sainsbury’s had the lowest inflation – helping it to record its first cheapest basket since early May
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NewsMajor supermarkets back UK government’s cost of living campaign
Some deals are a continuation of existing campaigns by retailers, which the government wants to promote under the Help for Households campaign
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NewsShoppers with allergies face ‘discriminatory’ inflation as free-from food prices soar
Assosia data reveals 267 free-from food and drink products have increased in price across the big four supermarkets over the past 12 weeks
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NewsElectricity costs for UK’s cold food storage facilities double in a year
Electricity spend for the UK’s cold storage facilities has grown from £560.6m in 2021 to an estimated £1.1bn in 2022, according to the Cold Chain Federation
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NewsTwo pints of milk now at same price as four pints at start of 2022
Analysis of Assosia data shows that two pints of own label milk now costs £1.15 – the same price as a four-pinter in January
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NewsFood redistribution app sees demand soar as cost of living crisis bites
Since January, the anti-waste app has seen more than 100% growth each month in demand for bags of surplus groceries
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NewsGovernment to consider scrapping Groceries Code Adjudicator role in ‘efficiency’ drive
A consultation launched by small business minister Jane Hunt said ministers were looking at whether they could make efficiency savings by doing away with the role
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Comment & OpinionMagnum, Flora, Twix… shrinkflation is rife, but shoppers will only take so much
Shrinking packs during the worst cost of living crisis in 30 years risks undoing years of brand loyalty
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NewsFirst Milk sees sales grow, but profits fall back in challenging market
The supplier said a need to pay higher milk prices to farmers facing soaring costs had impacted on operating profits
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NewsPremier Foods hails growth as its brands appeal to cash-strapped shoppers
Premier Foods has reported a “strong start” to the year as its stable of noodles, sauces and stock cubes helped shoppers in search of cheaper meals.
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NewsCity Snapshot: Food prices rise faster than headline rate of inflation
Food and drink prices have soared higher than the headline rate of inflation in June as sharp rises in input costs fed through to supermarket shelves. Plus, Premier Foods reports a “strong start” to its financial year; and Finsbury Food Group issues a pre-close trading update.
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NewsTrust in supermarket food down as consumers link cheaper choices with lower quality, survey finds
Only 58% of consumers trust the safety and quality of supermarket food, down from 78% a year ago, according to a survey by Red Tractor